Download CBSE Class 12 Accountancy Sample Papers
Access comprehensive sample question papers for Class 12 Accountancy using the CBSE Class 12 Accountancy Sample Paper 2018 Set 01. Designed to align with the 2026-27 CBSE academic guidelines, these model papers help students assess their exam readiness and understand current marking schemes.
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Q.1 In the absence of partnership deed, interest on loan of a partner is allowed.
i) at 6% ii) at 8% per annum iii) at 6% per annum iv) none of these
Q.2 When partners’ capital accounts are fluctuating, which one of the following items will be written on the credit side of the partners’ capital account.
i) Interest on drawings ii) Partners’ share in the firms loss
iii) Salary to the partner iv) Drawings
Q.3 What is meant by reconstitution of a partnership firm?
Q.4 Goodwill of a firm of A and B is valued at Rs. 30,000. C is admitted for ¼ share.
What amount he will bring as goodwill?
Q.5 Kamini, Surekha and Vipin are partners sharing profits and losses in the ratio of 3:2:1. Kamini retired and on this day an unrecorded liability of Rs. 1,50,000 was found in the books. Kamini was of the opinion that she should not be debited for her share of the liability. Do you agree to her opinion? Give reason to support your opinion.
Q.6 On the death of a partner, his share in the profits of the firm till the date of his death is transferred to which account.
Q.7 Give one distinction between reconstitution of a firm and dissolution of a firm.
Q.8 How much amount will be paid to creditors of Rs. 25,000, if Rs. 5,000 of the creditors are not to be paid and the remaining creditors agreed to accept 5% less amount?
Q.9 Rahul and Simran are partners with capitals of Rs. 1,00,000 and Rs. 80,000 respectively on 1st April 2013 and their profit sharing ratio is 2:1. Interest on capital is agreed @ 12% p.a. Y is to be allowed an annual salary of Rs. 6,000. The profit for the year ended 31st March 2014 amounted to Rs. 50,000. Manager is entitled to a commission of 10% of the profits. Prepare profit and loss appropriation account.
Q.10 Ankesh, Bajaj and Chetan are partners in a firm sharing profits in the ratio of 4:3:1. Ankesh retires and his share is taken up by Bajaj and Chetan equally. Find the new profit sharing ratio and the gaining ratio.
Please click the link below to download CBSE Class 12 Accountancy Sample Paper 2018 Set A
Free study material for Accountancy
Exam Preparation Sample Paper for Class 12 Accountancy CBSE Class 12 Accountancy Sample Paper 2018 Set 01
Get Started with CBSE Class 12 Accountancy Sample Paper 2018 Set 01 (CBSE)
Access structured sample papers for Class 12 Accountancy. Solving the CBSE Class 12 Accountancy Sample Paper 2018 Set 01 provided above helps students understand official exam blueprints and tackle anticipated question formats with confidence.
Maximize Your Scores with Model Papers
- Curriculum Insights: Clarify chapter-wise weightage rules and question trends across Class 12.
- Gap Analysis: Check performance drops across sets to isolate specific Class 12 Accountancy topics needing extra attention.
- Time Efficiency: Working through objective and descriptive problems builds critical pacing to finish exams comfortably.
Steps to Follow After Completing CBSE Class 12 Accountancy Sample Paper 2018 Set 01
- Review Solutions: Evaluate your completed papers using expert-verified guidance inside our solution sets.
- Target Weaknesses: Class 12 students should analyze missed questions to rectify conceptual misunderstandings.
- Deep Revision: Re-read sections in the NCERT book for Class 12 Accountancy to clear doubts before solving items again.
FAQs
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Yes, CBSE Class 12 Accountancy Sample Paper 2018 Set 01 comes with detailed, teacher-verified solutions. We have provided step-by-step answers for Accountancy to help students of Class 12 understand correct methodology and marking scheme.
Practicing this Accountancy paper helps in time management and identifying important topics. For Class 12, solving mock papers is the best way to gain confidence and reduce exam-day anxiety.
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